Will I be able to afford sending my child to Uni?

Will I be able to afford sending my child to Uni?
11th October 2016 mg_happen

Fees and funding have long since been a scary subject, but luckily, it’s not all as bad as it sounds, and there are plenty of options to help fund your child’s education.

The good news is that you won’t have to pay anything up-front, funding isn’t based on your credit rating, and your child will only start paying back their student loan when they’re earning over the £21,000 threshold. So breathe a sigh of relief and keep reading to see what’s available.

Government-provided loans are available to help with tuition fees and maintenance costs. Depending on their circumstances, such as household income, your child may also be eligible for a grant. Visit the student finance website to find out more about the loans system, and discover whether your child is eligible for any extra government funding.

Unis aim to make sure that Higher Education is accessible to everyone, regardless of their financial background. That’s why they will normally offer a range of different scholarships, bursaries and grants. These will vary from uni to uni, and information can normally found on their website. It’s important you investigate all of these options as soon as possible, as scholarships are sometimes limited, and may have tight deadlines.

Head to this helpful guide, to find out more.